Report: Vitor Pereira Under Pressure as Flamengo Look to Block Wolves’ Move for £34m Rising Star Wallace Yan with New Contract Offer
Wolverhampton Wanderers boss Vitor Pereira may be starting to feel the heat as one of his key transfer targets, Flamengo sensation Wallace Yan, is being lined up for a lucrative new contract by his current club. Despite Wolves’ efforts to build for the future by investing in young talent like Fer López, supporters are growing anxious over the lack of experienced additions to the squad — and now, the pursuit of Wallace is facing a major obstacle.
Wolves Eye Flamengo Star Wallace Yan – But Time is Running Out
After landing just one signing so far this summer — 18-year-old forward Fer López from Celta Vigo in a deal reportedly worth close to £20 million — Wolves fans are eager to see further reinforcements, particularly players with proven experience at the top level. However, the club’s recruitment strategy under Pereira continues to prioritize highly rated youth prospects with big long-term potential.
One such name is Wallace Yan, a teenage talent making waves at Brazilian giants Flamengo. The versatile attacking midfielder has impressed on a global stage at the FIFA Club World Cup, catching the attention of European scouts with his dynamic displays. He made headlines with a goal in Flamengo’s 1-1 draw against LAFC, a performance that earned him glowing praise from teammates and the Brazilian press alike. One Flamengo player even described him as an “animal” for his powerful impact off the bench.
Wolves, who are known to maintain a strong working relationship with Flamengo following the successful transfer of Joao Gomes, have been monitoring Wallace closely. The 18-year-old has a release clause of £34 million written into his current deal, but reports from Brazil suggest that a move could be completed for less — at least for now.
Flamengo Ready to Act – New Deal Looms for Wallace
However, Wolves’ window of opportunity may be closing fast. According to Brazilian outlet Mundo Bola, Flamengo are preparing to offer Wallace a new and improved contract at the end of their Club World Cup campaign. The club are keen to retain the services of their latest breakout star and are believed to be planning talks once their tournament concludes. Flamengo are set to face German champions Bayern Munich in a crucial Round of 16 clash tonight, and once their journey ends — whether through victory or elimination — contract discussions will be a top priority.
A new deal would not only secure Wallace’s long-term future at Flamengo but could also come with an increased release clause, making a potential Premier League switch far more complicated and expensive for Wolves.
Pereira Facing Dilemma as Fan Frustration Grows
For Vitor Pereira and Wolves’ recruitment team, the situation is becoming increasingly delicate. Although the club’s desire to secure the next generation of stars is understandable, there is growing restlessness among fans who are yet to see any experienced reinforcements arrive this summer. With just weeks remaining until pre-season preparations ramp up, the pressure is mounting on the club to deliver both short- and long-term solutions.
While signing Wallace would represent an exciting coup and align with Wolves’ youthful recruitment vision, the delay in negotiations risks seeing the club priced out of a deal entirely — especially if Flamengo manage to tie the player down with an upgraded contract.
What Next for Wolves?
Wolves must now weigh their options. Do they act quickly and attempt to secure Wallace before Flamengo lock him down with a new deal? Or do they pivot toward more seasoned targets to satisfy growing supporter demands?
So far, no formal offer has been submitted to Flamengo, but Wolves’ interest is genuine. The next few weeks will be crucial — not only in determining Wallace’s future but in shaping the club’s transfer strategy for the remainder of the window.
Ultimately, Wolves must decide whether to gamble on youth once again or take decisive steps toward building a squad capable of competing more effectively in the Premier League next season. One thing is clear: Pereira’s plans may hinge on how fast the club can move — and how serious they are about beating Flamengo to their own prodigy.